Iran
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Installation of downhole pump completed at South Yaran Oil Field
SHANA (Tehran) – The installation of an electric submersible pump (ESP) in one of the wells at the South Yaran oil field development project has been successfully completed by the field’s engineers and technical staff.
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How has Iran’s gas transmission network prepared for winter
SHANA (Tehran) – In the first half of 1404, the Iranian Gas Transmission Company implemented its most extensive overhaul, pipeline expansion, and compressor station capacity increase programs to ensure a safe and stable passage through the winter peak. Despite seasonal changes, the volume of gas transmission across the country has remained nearly constant.
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Round-the-clock effort at SP ensures steady winter gas supply
SHANA (Tehran) – Thousands of hours of nonstop work at South Pars are keeping Iran’s natural gas flowing without interruption. With offshore and onshore teams operating day and night, the field’s staff are working tirelessly to maintain stability in gas production ahead of the winter season. Careful maintenance planning and equipment overhauls have played a crucial role in sustaining energy supply across the country.
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Energy management system to be implemented in petchem industry
SHANA (Tehran) – Ali Rabani, director of energy consumption optimization at the National Petrochemical Company (NPC), announced plans to implement an energy management system across Iran’s petrochemical industry. He urged holding companies and petrochemical firms to make full use of available resources for the system’s deployment.
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Energy optimization equal to six phases of South Pars:
A new opportunity for energy operators
SHANA (Tehran) – Iran’s Seventh Development Plan aims to prevent the daily waste of energy equivalent to 1.285 million barrels of oil, or more than 150 million cubic meters of natural gas — a target that creates an attractive market and valuable opportunity for private sector energy operators and technology firms.
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SP supplies 73% of gas during peak consumption
SHANA (Tehran) – The CEO of South Pars Gas Complex announced that the complex supplied more than 73% of the country’s gas needs during peak winter demand, describing it as the backbone of Iran’s energy supply.
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$800m allocated to modernize drilling equipment
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has allocated $800 million to overhaul and modernize the drilling rigs and operational equipment of the National Iranian Drilling Company (NIDC), the company’s managing director announced.
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Deputy minister:
Iran, Russia to boost cooperation in energy technology
SHANA (Tehran) – Iran’s deputy oil minister said Iranian specialists and companies possess expertise in many fields that can be shared with Russian counterparts, while Iranian firms also stand to benefit from Russian technologies in key areas.
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South Pars pressure boosting: Key to managing Iran’s gas balance
SHANA (Tehran) – The managing director of Pars Oil and Gas Company said the South Pars pressure-boosting project plays a vital role in managing the country’s gas balance in the coming years and emphasized the need to prioritize its financing.
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NIOC takes major step to boost oil recovery at Ahvaz field
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the importance of the Ahvaz oil field as the country’s largest, saying the new project marks a significant move toward increasing the recovery factor and advancing national oil industry policies aimed at implementing enhanced oil recovery (EOR) methods.
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Pars pipeline project to reduce reliance on fuel tankers
SHANA (Tehran) – The deputy oil minister said the Pars pipeline project will significantly reduce dependence on road tankers and save billions of tomans in fuel transportation costs. He added that this year, the refining and fuel distribution sector has achieved favorable performance across various areas.
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Emphasis on clean energy development in Seventh Development Plan
SHANA (Tehran) – The head of the Parliament’s Energy Committee said one of Iran’s main priorities is moving toward clean energy, announcing that a specific share of the country’s electricity must be generated from renewable sources, including solar and wind power plants, under the Seventh Development Plan.
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Contract signed to build Pars Oil Products Pipeline
SHANA (Tehran) – A contract has been signed to construct the Pars Oil Products Pipeline (Mehraaran–Fasa–Shiraz) with a transfer capacity of 73,000 barrels per day and an investment value of €150 million.
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Lawmaker says fuel reserves in good condition
SHANA (Tehran) – The spokesman for the Iranian Parliament’s Industries and Mines Committee said reports indicate that the country’s fuel reserves are in good condition and that, with public cooperation, Iran will get through the winter with minimal problems.
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Uninterrupted, above-target gas production at Khangiran Gas Refinery
SHANA (Tehran) – The Khangiran Gas Refinery in northeastern Iran maintained uninterrupted and above-target gas production during the four cold months of 1403, marking the most stable performance among the country’s gas refineries, according to the plant’s operations chief.
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Iran’s daily household gas consumption exceeds 214 mcm
SHANA (Tehran) – Domestic, commercial and small-scale industrial gas consumption rose in mid-Mehr (October 4-10), reaching a daily average of 214.5 million cubic meters, according to official data.
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Iran distributes $55b worth of fuel annually
SHANA (Tehran) – The managing director of the National Iranian Oil Products Refining and Distribution Company said $55 billion worth of fuel is distributed across Iran each year — a figure he described as enormous and beyond imagination. He emphasized that digital transformation and data-driven governance play a crucial role in preventing the waste of the country’s vast fuel resources.
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South Pars offshore platform overhauls near completion
SHANA (Tehran) – The director of production and operations at the Pars Oil and Gas Company announced that major overhaul operations on South Pars’ offshore platforms will be completed by the end of Mehr.
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Energy Operator Companies: A new model for public-private partnership in Iran’s gas sector
SHANA (Tehran) – The director of integrated planning at the National Iranian Gas Company (NIGC) stressed the importance of implementing the “operator company” model to foster private sector participation across the company’s operational chain, saying the main goal of this initiative is to optimize energy consumption and boost efficiency.
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Pazan holds Iran’s largest onshore gas reserve
SHANA (Tehran) – The Pazan field has been identified as Iran’s largest onshore gas reservoir in terms of both gas-in-place and recoverable reserves, according to Mohyeddin Jafari, director of exploration at the National Iranian Oil Company (NIOC).
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Land use planning decree for petrochemical industry enforced
SHANA (Tehran) – The executive decree on land use planning for the petrochemical industry has been officially communicated to petrochemical holding companies and firms, according to the National Petrochemical Company (NPC).
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More than 80% of recoverable gas extracted from Nar field
SHANA (Tehran) – The managing director of South Zagros Oil and Gas Production Company highlighted the critical role of gas compression stations in maintaining production from gas fields, saying that more than 80% of the recoverable gas from the Nar field has been extracted so far.
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OPEC reports rise in Iran’s oil output in September
SHANA (Tehran) – The Organization of the Petroleum Exporting Countries (OPEC) reported that the group’s total oil production rose by 524,000 barrels per day (bpd) in September, reaching 28.44 million bpd. Iran’s output increased by 44,000 bpd to 3.25 million bpd during the same month, according to OPEC’s latest monthly report released in October.
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President: Ensuring power, gas for producers is a gov’t priority
SHANA (Tehran) – President Masoud Pezeshkian said ensuring a reliable supply of electricity and gas for manufacturers and industrialists is a definitive priority for his administration.
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IRENEX aims to optimize gas use, curb fuel smuggling
SHANA (Tehran) – The Iran Energy Exchange (IRENEX) has become an effective tool for optimizing consumption, financing energy projects and combating fuel smuggling by creating a transparent platform for gas and oil products.
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Methanol value chain projects planned for Lamerd Economic Zone
SHANA (Tehran) – The head of the National Petrochemical Company (NPC) highlighted the strategic role of the Lamerd Special Economic Zone in advancing Iran’s petrochemical industry and reducing crude sales, announcing extensive plans to complete the methanol value chain in the region.
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Record set for power plant fuel storage
SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company announced that diesel fuel consumption dropped by 3 million liters over the past six months, while storage at power plants reached more than 3.2 billion liters — a new record ahead of the cold season.
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Completing the value chain, key to petchem industry growth
SHANA (Tehran) – The CEO of the National Petrochemical Company emphasized the importance of completing the value chain in Iran’s petrochemical sector, saying that Fars Province offers favorable conditions for establishing small-scale, low-water-consuming industrial units. He noted that several gas and industrial companies are currently investing in the southern part of the province.
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ICOFC Plans 10 mcm boost in gas production
SHANA (Tehran) – The Engineering and Construction Department of the Iranian Central Oilfields Company (ICOFC) announced plans to increase daily natural gas production by up to 10 million cubic meters from the Dey, Tous, and Khartang fields, while maintaining output from other operational fields.
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Battle of water and fire: South Pars ready for winter
SHANA (Tehran) – The 1404 major overhaul operations of the South Pars offshore gas platforms have reached over 90% completion and are now in their final stages. The overhaul, launched earlier this year to boost production stability, enhance safety, and prepare for the cold season, is nearing completion thanks to the round-the-clock efforts of Pars Oil and Gas Company (POGC) personnel.